evolving rapidly. Human resource management is both an academic theory and a business practice that addresses the theoretical and practical techniques of managing a workforce. The Human Resources Management (HRM) function includes a variety of activities‚ and key among them is deciding what staffing needs you have and whether to use independent contractors or hire employees to fill these needs‚ recruiting and training the best employees‚ ensuring they are high performers‚ dealing with performance issues
Premium Human resource management Management
Employee Turnover- advantages and disadvantages of employee turnover. | Employee turnover is the difference in the rate of employees leaving a company and new employees filling up their positions. Nowadays‚ it is becoming a major problem among most of the companies‚ especially in low paying jobs or jobs where workers are not proactive about their job. There are many aspects that play a significant role in the employee turnover rate of a particular company. Such aspects can stem from both the company
Premium Labour economics Human resource management Human resources
still in tact after 80 years of business. The Ritz-Carlton L.L.C. was not originally founded as a hotel chain. The first business venture for Ritz-Carlton was investment banking in Europe. According to The hotel’s internet home-page the construction for the first hotel was not going to be a hotel‚ it was supposed to be an apartment building. However‚ when the contractor‚ Edward Wyner‚ was told that the Ritz-Carlton company wanted the contractor to change the place to a hotel‚ after he had already
Premium Hotel chains Hotel Hotels
significant relationship between employee engagement and financial performance is undeniable." -Towers Perrin Talking about the engagement and commitment of an employee to an organisation‚ most companies are of the opinion that they do have a few‚ but they still want more. Why? It is merely because these companies have come to the realization of the fact that their organization’s long-term success relies on employee performance‚ which is directly impacted by the level of employee engagement and commitment
Premium Management Organization Employment
Employee Involvement The direct participation of staff to help an organization fulfill its mission and meet its objectives by applying their own ideas‚ expertise‚ and efforts towards solving problems and making decisions. From this definition‚ participation can include representative participation‚ direct communication‚ and upward problem solving. We will focus on the latter two categories because this article is more about understanding outcomes‚ tools‚ and methods. \The direct participation of
Premium Management Motivation
Contents Introduction 2 Human Resource Management (HRM) 3 Employee Engagement 3 Employee Commitment 5 Employer Brand 6 Employee Retention 9 Conclusion 11 Bibliography 12 Introduction CIBC FirstCaribbean International Bank was formed in 2002 with the merger of CIBC West Indies Holdings and Barclays Bank PLC Caribbean operations under the name FirstCaribbean. It is a relationship bank offering a full range of market-leading financial services through Corporate Lending & Investment Banking‚ Retail
Premium Human resource management Management Human resources
Motivational Methods There are various motivational methods that are used in the workplace. There are three motivation theories; equity theory‚ expectancy theory‚ and goal-setting theory. In an organization‚ motivational methods are used to improve and prepare staff members for implementation of new policies. Motivational success depends on what methods are used and what the exact motivation is. One theory of motivation is equity theory. “The essence of the theory is that perceived inequity
Premium Motivation
ZENITH International Journal of Multidisciplinary Research Vol.2 Issue 5‚ May 2012‚ ISSN 2231 5780 STRATEGIC MOVE OF ICICI BANK: A CASE STUDY OF MERGER OF ICICI BANK AND BANK OF RAJASTHAN DR. ABHINN BAXI BHATNAGAR*; MS. NITU SINHA** *Associate Professor‚ Galgotias Business School‚ Greater Noida. **Research Associate‚ Galgotias Business School‚ Greater Noida. ____________________________________________________________________________________ ABSTRACT Changing is the regulation
Premium Bank
IV. Proposed Theoretical Framework Although the theory of planned behavior has been applied in various studies in different context‚ still there were issues raised by different authors. Perhaps‚ the reason is that human behavior is very complex and difficult to explain because of the uniqueness of the human person. The new framework differs in terms of adding the personality as moderating factor. This is also the critical issue that may have an effect on the different beliefs of people. The creation
Premium Psychology Management Sociology
Research proposal Fedorenko Danil Merger. Case of "ExxonMobil". Outcomes Table of content: Literature review Mergers and acquisitions represent the ultimate in change for a business. No other event is more difficult‚ challenging‚ or chaotic as a merger. It is imperative that everyone involved in the process has a clear understanding of how the process works. In the contemporary world mergers and acquisitions are a normal way of life within
Premium Mergers and acquisitions